UCO Bank Director Subhash Shankar Malik Completes Tenure

UCO Bank has informed the stock exchanges of a change in the composition of its Board of Directors, with Shri Subhash Shankar Malik ceasing to be a Part-time Non-Official Director upon the completion of his tenure. The disclosure was made on 08 May 2026 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director's Tenure and Cessation

Shri Subhash Shankar Malik was appointed as a Part-time Non-Official Director on the Board of Directors of UCO Bank for a period of three years vide Government of India notification F.No.6/8/2022-BO.I dated 08.05.2023, under section 9(3)(h) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970. His tenure concluded at the close of business hours on 07 May 2026, marking the end of his three-year term on the bank's board.

The following details of the change have been disclosed in accordance with SEBI Master Circular No. HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026:

Parameter:	Details
Reason for Change:	Completion of term
Date of Cessation:	Close of business hours of 07 May 2026

Regulatory Disclosure

The communication was issued by UCO Bank's Company Secretary, Vikash Gupta, from the bank's Head Office in Kolkata, addressed to both the National Stock Exchange of India Ltd. and BSE Limited. The disclosure fulfils the bank's obligations under the applicable SEBI listing regulations regarding changes in board composition.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.87%	-0.04%	+10.07%	-17.65%	-12.02%	+136.99%

UCO Bank 's Asset Liability Management Committee (ALCO) has reviewed the bank's benchmark rates and decided to revise select rates, effective May 10, 2026. The update was communicated to stock exchanges on May 7, 2026, by Company Secretary Vikash Gupta, in compliance with Regulation 30.

MCLR Rates Remain Unchanged

The bank's Marginal Cost of Funds-based Lending Rates (MCLR) across all tenors have been kept unchanged. The following rates continue to apply effective May 10, 2026:

MCLR Tenor:	Rate (w.e.f. 10.05.2026)
Overnight	7.90%
One Month	8.15%
Three Month	8.40%
Six Month	8.65%
One Year	8.75%

Revised Other Benchmark Rates

Among the other benchmark rates, the TBLR (3-month), UCO G-Sec Rate (1-year), and the 10-year G-Sec Rate YTM have been revised. The remaining benchmarks — TBLR (6-month and 12-month), Repo Linked Rates, Base Rate, and BPLR — remain unchanged. The table below provides a detailed comparison of existing and revised rates:

Benchmark:	Existing Rate	New Rate (w.e.f. 10.05.2026)
TBLR (3 Month)	5.35%	5.30%
TBLR (6 Month)	5.50%	5.50%
TBLR (12 Month)	5.60%	5.60%
UCO G-Sec Rate (1 Year)	5.72%	5.74%
10-Year G-Sec Rate YTM % p.a. (Annualized Par Yield)	7.24%	7.21%
Repo Linked Rate – UCO Float	8.05%	8.05%
Repo Linked Rate – UCO Prime	5.25%	5.25%
Base Rate	9.60%	9.60%
BPLR	14.25%	14.25%

Key Changes at a Glance

The following benchmark rates have been revised effective May 10, 2026:

TBLR (3-month): Reduced from 5.35% to 5.30%
UCO G-Sec Rate (1-year): Increased from 5.72% to 5.74%
10-year G-Sec Rate YTM % p.a. (Annualized Par Yield): Reduced from 7.24% to 7.21%

All other benchmark rates, including MCLR across all tenors, TBLR (6-month and 12-month), Repo Linked Rate – UCO Float, Repo Linked Rate – UCO Prime, Base Rate, and BPLR, remain unchanged as of the effective date.